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The latest announcement is out from Boom Logistics Ltd ( (AU:BOL) ).
Boom Logistics Ltd has announced an update on its ongoing share buy-back program, revealing that a total of 10,000 ordinary fully paid securities were bought back on the previous day, bringing the total number of securities bought back to 766,742. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.
The most recent analyst rating on (AU:BOL) stock is a Buy with a A$2.13 price target. To see the full list of analyst forecasts on Boom Logistics Ltd stock, see the AU:BOL Stock Forecast page.
More about Boom Logistics Ltd
Boom Logistics Ltd operates in the logistics industry, focusing on providing lifting solutions and crane hire services. The company primarily serves sectors such as construction, mining, and infrastructure, offering specialized equipment and expertise to support complex lifting projects.
Average Trading Volume: 78,031
Technical Sentiment Signal: Buy
Current Market Cap: A$65.39M
For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.